German Chancellor Angela Merkel, whose country
holds the rotating G8 presidency, issued a joint statement on Friday with
leaders from the five developing countries who attended an outreach session in
the G8 summit.
The statement said talks between the leaders from the G8 leading
industrialized nations and Brazil, China, India, Mexico and South Africa mark
"an important step towards an equal and enduring partnership" for building the
framework conditions of a globalized and competitive world economy.
The leaders said they are committed to cooperate in the following fields:
- Promoting Cross Border Investment
The leaders pledged to work together to promote more favorable conditions for
investment, both domestic and foreign, with the aim of fostering economic growth
and sustainable development. This may also include the encouragement of
responsible business conduct.
- Promoting Research and Innovation:
The leaders recognized that strategies to encourage and support research and
innovation are key elements for future sustainable development of the economies.
- Fighting Climate Change:
The leaders reaffirmed their commitment to the United Nations Framework
Convention on Climate Change and to its objective through both mitigation and
adaptation in accordance with their common but differentiated responsibilities
and respective capabilities.
The leaders confirmed their commitment to promote energy efficiency, through
cost-effective solutions, to advance the effective use of fossil fuels, and to
increase the use of cleaner and renewable energy sources as an important step
towards secure, stable and competitive energy supplies for achieving sustainable
- Development, particularly in Africa:
The leaders reiterated their commitment to the Millennium Development Goals,
the eradication of poverty and sustainable global development.